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Why did empower money market fund's 7-day yield differ from the total return quotation?

The seven-day yield more closely reflects the current earnings of the Empower Money Market Fund than the total return quotation. 14. For the Empower Money Market Fund, Net Total Annual Fund Operating Expenses were lower than the figure shown by 0.30% due to a voluntary waiver by Empower Capital Management, LLC (ECM).

Is empower a bank?

Empower is not a bank. Bank deposit products provided by UMB Bank n.a., Member FDIC (“UMB”). To participate in the program, you must open an account at UMB, through which your funds will be placed in accounts at participating program banks (which may include UMB).

What is empower personal cash?

Empower Personal Cash is a program that offers you the ability to earn a higher interest rate on your cash than you might earn in a traditional Checking or Savings account. No minimum daily balance required.

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